Vendor Manager

Job Description
Wedbush Securities is one of the nation's largest full-service investment banking and brokerage firms. We provide innovative financial solutions through our Private Client Services, Capital Markets, and Clearing & Execution divisions. We have an immediate opening for a Vendor Manager in our Los Angeles office. The ideal candidate must be dependable, organized, and possess strong time management and communication skills.

Responsibilities include, but are not limited to:

• Establish, manage and maintain good relations with vendors to ensure quality standards and deliverables are met
• Create and maintain vendor management policies, maintain vendor management files
• Review all proposals, execute and renew vendor contracts, manage vendor negotiations
• Calculate, review and approve allocations
• Oversee budgets and invoice payment processing
• Implement cost analysis to ensure accurate calculations
• Oversee risk management to ensure vendor compliance with company, FINRA and SEC standards
• Research, source, analyze, and onboard vendors
• Set and monitor performance standards for existing and future vendors
• Develop strategies to improve service quality of vendors
• Perform standard and custom reporting, as well as monthly, quarterly and annual reporting
• Support Purchasing department with ordering of supplies and allocations
• Perform other tasks and duties as assigned

Experience and Skills

• Bachelors degree from an accredited university
• 7+ years of experience in vendor management, supply chain management, or related field
• Financial or securities industry experience preferred
• Excellent organizational and project management skills, including the ability to handle multiple projects and prioritize many concurrent tasks
• Strong verbal and written communication skills
• Proficient in Microsoft office with intermediate understanding of Microsoft Excel and Word
• Highly meticulous, detail oriented and accurate
• Strong analytical and accounting skills and knowledge
• Excellent customer service skills

Job Benefits
What Wedbush Offers You

As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.

• Comprehensive medical, dental, and vision coverage with multiple health plan options
• Health Savings Account (HSA) with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) Plan: competitive discretionary company matching and profit-sharing contributions
• Tuition reimbursement ($5,250 max per year)
• Paid Vacation, Sick Time, Holidays, Volunteer Time Off
• Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc.
• FINRA and Professional License Sponsorship
• Charitable Donation Matching Contributions
• Travel & Employee Assistance and Employee Discount Programs
• Discretionary compensation based on the colleague's and the firm's performance

Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $85,000 to $110,000.

At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https://www.e-verify.gov/employees/e-verify-overview